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Kristin Abouelata

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Displaying Results 1 - 15 for kristin abouelata

Kristin Abouelata

Knox County and Surrounding Area Housing Market – Tell Me Something Good!

... that you’re worth the risk. And for most of you, that’s just not going to be a problem. Please email your home loan financing questions to Kristin Abouelata, Mortgage Specialist, at question@kristinmortgage.com. Kristin will try to ... Read Read: Knox County and Surrounding Area Housing Market – Tell Me Something Good!

By: Kristin Abouelata | 10/09/2007 | Mortgage
Kristin Abouelata - Home Loans

Arm Loan a Good Idea?

... of you. And if you can’t sleep at night because you know that one day that ARM loan can adjust, just remember one thing. You can always refinance your loan when that time comes. Now, get some sleep.Kristin Abouelata mortgage website Read Read: Arm Loan a Good Idea?

By: Kristin Abouelata - Home Loans | 06/08/2007 | Mortgage

Good Faith Estimates - Everything You Need to Know But Were Afraid to Ask

Kristin Abouelata / Mortgage Specialist If you've ever been through the home buying process before, you know that the Good Faith Estimate is one of the most important documents you will review to make a decision about your home financing ... Read Read: Good Faith Estimates - Everything You Need to Know But Were Afraid to Ask

By: Kristin Abouelata - Home Loans | 31/07/2007 | Mortgage

Getting a Mortgage? on What Term?

Many people automatically obtain mortgage financing that amortizes over thirty years.  Amortize, according to Wikipedia, “is the process of decreasing, or accounting for, an amount over a period of time. The word comes from Middle English ... Read Read: Getting a Mortgage? on What Term?

By: Kristin Abouelata - Home Loans | 01/12/2008 | Mortgage

What’s the Low Down on Loan to Value?

It’s not very often that a borrower takes into heavy consideration what his loan to value is when shopping for a loan.  In fact, if the subject is brought up by the customer, it’s mostly in relation to avoiding paying monthly mortgage ... Read Read: What’s the Low Down on Loan to Value?

By: Kristin Abouelata - Home Loans | 01/12/2008 | Mortgage

Mortgage Lending and Identity Theft: What You Should Know

If you've ever applied for a mortgage, particularly since credit guidelines have tightened in the past few months, you know that the amount of information you must divulge to your lender could sink you financially if it were to get into ... Read Read: Mortgage Lending and Identity Theft: What You Should Know

By: Kristin Abouelata - Home Loans | 22/10/2008 | Mortgage

Mortgage Lending: It’s a History Lesson

When a mortgage underwriter reviews customers' credit profiles and income histories, what's happened in the past two years holds a lot of weight as to what their future will be.  And what the future may hold for them doesn't always count ... Read Read: Mortgage Lending: It’s a History Lesson

By: Kristin Abouelata - Home Loans | 08/10/2008 | Mortgage

Interest Rates: One Man’s Gain is Another’s Loss

In the old days, you used to be able to call a lender, give them a note amount and term, and get a quote.  Lickety split.  Not a lot of questions.  Just “boom”, there’s your answer. It certainly made interest rate comparison much easier.  ... Read Read: Interest Rates: One Man’s Gain is Another’s Loss

By: Kristin Abouelata - Home Loans | 01/09/2008 | Mortgage

Jumbo Loans and White Elephants: Will the Pace Pick Up?

According to Wikipedia, the definition for a white elephant is “a valuable possession which the owner cannot dispose of, but whose cost (particularly of upkeep) exceeds its usefulness.”    Hmmm.  Sounds like some of the higher priced homes ... Read Read: Jumbo Loans and White Elephants: Will the Pace Pick Up?

By: Kristin Abouelata - Home Loans | 04/08/2008 | Mortgage

Need Cash for a Home Closing? Consider a Gift

I saw a cartoon the other day that was pretty funny, but also pretty sad when you think about it.  It showed a couple sitting across from a mortgage lender, and the caption read, “We’re here to apply for a tank of gas.”  With increases in ... Read Read: Need Cash for a Home Closing? Consider a Gift

By: Kristin Abouelata - Home Loans | 22/07/2008 | Mortgage

Pay Into the Kitty: How Does Escrow Work?

When I explain escrow or prepaid items to my customers, I always liken it as to setting up a kitty.  You know, like in poker.  A place where your money sits until it’s decided where it should be paid.  And if you’ve ever played poker, you ... Read Read: Pay Into the Kitty: How Does Escrow Work?

By: Kristin Abouelata - Home Loans | 22/07/2008 | Mortgage

Mortgage Lending: What’s Your Point?

Buying a home is a confusing process, and one of the most confusing prospects is settling on an interest rate.  Even when you decide what type of loan you want, you find you still have options as to what rate to lock.  Some of these ... Read Read: Mortgage Lending: What’s Your Point?

By: Kristin Abouelata - Home Loans | 22/07/2008 | Real Estate

Call the Movers! You’re Closing Date is Extended!

You’ve called the movers, you’re all packed, and it’s the eleventh hour before closing. Your phone rings and it’s your lender with bad news.  Your loan’s not going to close tomorrow.  Whatch you talking about, Willis?  Everything’s ready, ... Read Read: Call the Movers! You’re Closing Date is Extended!

By: Kristin Abouelata - Home Loans | 22/07/2008 | Mortgage

Seller Paid Closing Costs: Knowledge is Power

When you’re considering making an offer on a home, there are other ways to get a good deal other than just snagging the lowest price you can imagine.  Most loan programs allow the seller to concede money toward the buyer’s closing costs ... Read Read: Seller Paid Closing Costs: Knowledge is Power

By: Kristin Abouelata - Home Loans | 22/07/2008 | Real Estate

Veteran Administration (va) Loans – Thank You for Your Service

In 1930, Congress and the President established the “GI Bill” which allowed the Veteran Administration (VA) to coordinate benefits for its service people.  One of these programs, known as the Home Loan Guaranty Program, was created to help ... Read Read: Veteran Administration (va) Loans – Thank You for Your Service

By: Kristin Abouelata - Home Loans | 02/06/2008 | Mortgage

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